The journal entry for rent paid is very straightforward. Our article provides you with the full debits and credits and explanations needed.
Pre-seed funding is an exciting sector of early funding for new business. We provide an introduction to how this sector works, including journal entries on how to account for the funding.
Consignment inventory accounting is very straight forward, but has a few issues you need to be aware. Read more in our latest accounting tutorial.
We review what discount received means in accounting and provide journal entry examples to explain.
This accounting tutorial looks into the journal entry required to correctly account for discount allowed; a common tool used to help business liquidity and solvency.
A warranty expense journal entry is created through the accounting for a warranty provision. As part of our accounting tutorial this article provides a full explanation with examples.
The issue of trade discount and cash discount (received and allowed) can cause some confusion in accounting, in particular with what journal entry to apply. Today’s short accounting tutorial will … Read More